Ranked: The World’s Top 10 Billionaires in 2024

Visual Capitalist

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June 20, 2024

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The World’s Top 10 Billionaires (June 2024)

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Elon Musk has reached a net worth of $205.4 billion in 2024, securing his position as the richest billionaire in the world, ahead of Jeff Bezos at $203.2 billion and Bernard Arnault at $200 billion. Arnault, the billionaire chairman and CEO of the global luxury goods company LVMH, led the ranking at the beginning of the year.

Using data from Forbes’ Real-Time Billionaires List, we provide a snapshot of the top 10 billionaires in the world as of June 11, 2024. It is important to note that the rank changes frequently due to fluctuations in stock prices, market conditions, and significant business transactions.

$1.6T in Combined Wealth

The wealth of the top 10 wealthiest people ($1.6 trillion) is almost equivalent to Mexico’s GDP, the 14th largest economy in the world.

At the top of the list, Elon Musk’s wealth derives primarily from his stake in Tesla, his holdings in SpaceX, and the social media platform X.

RankNameNet Worth (USD in Billions)Source 1Elon Musk$205.40Tesla, SpaceX 3Jeff Bezos$203.20Amazon 2Bernard Arnault & family$200.00LVMH 4Mark Zuckerberg$176.50Facebook 5Larry Ellison$153.70Oracle 6Larry Page$145.10Google 8Sergey Brin$139.00Google 7Warren Buffett$134.00Berkshire Hathaway 9Bill Gates$131.00Microsoft 10Steve Ballmer$126.50Microsoft

Recently, Tesla shareholders voted to approve a pay package worth approximately $50 billion for Musk at the company’s annual shareholder meeting. This decision is being challenged by a Delaware judge, who has described Musk’s award as “unfathomable.”

Never incorporate your company in the state of Delaware

— Elon Musk (@elonmusk) January 30, 2024

Meanwhile, Amazon founder Jeff Bezos overtook Bernard Arnault as the second-wealthiest person in June 2024, after LVMH’s shares fell and Amazon’s shares slightly increased.

As a relevant side note, Arnault has also been carefully laying succession plans for LVMH this year, with the 75-year-old recently appointing two more of his sons to the company’s board in April 2024. This leaves just his youngest son without a spot on the

The full article is available here. This article was published at Visual Capitalist.